"Unveiling the Mystery: The Billionaire Behind Trump's $175 Million Bond"

Former President Donald Trump's lawyers initially deemed it a "practical impossibility" to post a $557 million bond in his civil fraud case, but negotiations with a billionaire resulted in a reduced bond of $175 million, fully collateralized by cash from Trump's company. This prevents the New York Attorney General from collecting on the $464 million judgment while the appeals process plays out. The bond posting was necessary to pause the judgment, as failure to do so could have led to disastrous consequences for Trump's company.